Managers of Wealth Africa

FIRS: Nigeria loses $15bn to tax evasion annually

Nigeria has done all these to enable us conduct the first exchange of information under the automatic exchange of information regime by September 2020.

Total Tax Contribution of the Kenya banking sector report launched

The report the first of its kind in Kenya, outlines the tax contribution of the banking sector in forms of taxes borne by the banks such as corporation tax and irrecoverable VAT, and taxes collected as an agent of government such as PAYE, excise duty and

Andersen Global Enters Cameroon, Marking 18th Country in Africa

Andersen Global has now expanded its presence into 18 countries in Africa.

Kenya tax amnesty hits Mauritius-based banks

Banks in Mauritius have reported significant cash outflows from the policy, revealing that the island nation was one of the top offshore investment destinations for wealthy Kenyans.

Twelve firms shortlisted at South African FinTech contest

Analysts at KPMG Matchi reviewed the 95 entries that they received for the contest, before forwarding them to a panel of 24 South African executives for a second review.

Taxation in the Era of Global Information Exchange

Taxation, being a social contract, is expected to be fulfilled by both parties involved, i.e. citizens pay tax while the Government is seen as using such funds for public good.

Taxman to deploy customs officers across East Africa

The plan to deploy customs officer across EAC states will mean cargo clearance will not be done at the border.

Tax-free savings: Check out what the experts hold

SA’s personal finance community opens up.

Multinationals Siphon up to $200b in Tax Evasion from Africa, Developing Countries

The report said the situation has forced developing countries to accumulate foreign exchange reserves, usually in the form of short-term dollar dominated bonds, as a self-insurance to prevent a sudden capital –flow reversal and/or to contain is adve

What to know about banks strike – The taxman has contingency plans

Unions say they are expecting about 50 000 people to join the banking sector strike, which could be its biggest strike since 1920 on Friday.

Corporate income taxation in the digital age: Africa in the Corporate Tax Haven Index 2019

Anti-avoidance measures can be improved to reduce the risk of base erosion and profit shifting in a digital economy.

MPs back tax exempt plan for green bonds

Kenya is deemed to have a demand for climate-friendly bonds amounting to Sh91 billion in the next five to 10 years, according to research done last year by Strategic Business Advisory in partnership with the Kenya Bankers Association.

Can I get tax benefits from contributing to my kids’ RAs?

Considerations when contributing toward retirement annuities and other long-term investments for your children.

Andersen Global Expands in Rwanda

Africa is an important market for global business, and we have ambitious plans to continue the expansion.

KRA must trace, ensure all firms pay right taxes

These companies are registered, and it should not be too difficult for the taxman to track them for reasons of clamping down on tax avoidance by individuals and firms.

South Africans are withholding their tax payments due to lack of trust in Sars, study reveals.

Sacs strategic research director and spokesperson Reza Omar said the study was conducted on 1 300 South Africans who are 18 years and older, from across the country.

Expat tax ‘will damage SA economy’

The purpose of the exemption was to prevent individuals from being taxed by both their host or home country

Corporate income taxation in the digital age: Africa in the Corporate Tax Haven Index 2019

The paper focuses on the nine African jurisdictions covered in the Corporate Tax Haven Index of 2019: Botswana, Gambia, Ghana, Kenya, Liberia, Mauritius, Tanzania, the Seychelles and South Africa.

Guinea, Namibia and Honduras join the fight against tax evasion

The continuing growth in our membership has greatly strengthened international efforts to improve tax transparency for the benefit of all.

Andersen Global Expands Into 15th Country in Africa

The ATax professionals are a premier team in Mauritius and there are many opportunities with this collaboration.